/biz/ - Business & Finance

>>17918241
buy eth boomers

Invested in oil too early, down 10%/share now

And my IRA is down 4% in one day! What fun!!

>>17918241
I'm a winner! Get shit on!

>>17918305
>L
Feel u bro

Bought SQQQ and a few puts on BYND yesterday.

>>17918241
: - )

>lose 50%
>gain 50%
Fuck you, Math
I should be at 2k

Learning options.
Was trying to buy paper SPY puts for last 3 hours - orders were just sitting there, not filling. Have no clue why.
thinkorswim

>>17918241
Anybody else think the dow should be at 10k based on the chart?

How do you trade on the NYSE as an euro, without paying a middleman broker at a bank/etc? I'm open to using apps obviously.

>>17918440
I sold my expecting a pump. Didn't realize the pump was so week it'd be completely insignificant after that run. I loaded up again, because I expect the fallout from all the crazy shit going on to cause it to drop overnight. Even if tomorrow is a green day.

today was a good day

>>17918603
try a market order.

>>17918686
It’ll pump going into Friday most likely last last week then next week more new lows

>>17918788
>ID: gg ez mate
I guess I’ve got the pro strat

>>17918716

Oh, i see. Thank you bud.
Are options safer that stocks?
With stocks I can put OCO orders, with options it is a bit crazier.

Made 50bux today.

Here's my all time since I started in September, just buying whatever and panic selling everyday. Things got better when I stopped doing that and actually looked in to what I was buying and holding.

>>17918788
>>17918822
That's kinda what I'm afraid of double dubs. Hopefully there's a point were I can exit. TVIX has been reliably going up each day.

SQQQ is the play

>>17918837
options are riskier, but you stand to make a lot more
i would be hesitant if you aren't on the gun every day about this, but the stocks in most major indices are, barring a miracle that cures corona, opens all businesses, and makes the QE tactics that have been ineffective become effective, going to keep dropping

Didn't trade today. Fuck this crab market.

>>17918862
>$50
Are you joking? Stop wasting your time

I’m a lil fish but the growth is good I think
My next move is a moderna call for next Friday, nothing too ambitious (34.5)

>>17918915
They're gunna pump it man. It's green tomorrow.

Could have been worse, peaked at $800. Oh well.

>>17918952
But that's like food for 2 weeks. A tank of gas with current prices. Half a days wage of hard labor. Can I enjoy this?

>>17918922

I just recently added options to my account tho - wont be trading anything until i fully understand why/hows.
I am getting comfortable with stocks, having good gains (very small risk ofc). Lost about $60 today, but it is understandable.

Wan to learn options to have all instruments at my disposal.

I expected a pump. Got raped. Now I'm expecting another pump, but I'm tired of losing money listening to myself and bought for a dump.

>>17919082
ignore the faggot, enjoy the winnings me friend.

>>17918862
>>17919082
btw what software/broker are you using to visualize this?

>>17919082
I trade for 20 euros per day and pay my groceries with that.

Would be 70k if I didn't sell my 3 tesla 420 puts earlier

>>17918599
T. Brainlet

>>17919271
Thank you for the comforting words, anon.

It's the Avanza app. It's the most common one for small investors in Sweden, I think.

What the hell did you do to make that happen?

>>17919968
?

Is quad witching going to do a damn thing tomorrow?

My only gains have been GUSH and puts. All my long positions are FUCKED. And I'm running out of cash to pump into them. God I hope the red-green-red-green cycle keeps going so I can get more cash to DCA into oil.

>>17918656
More like 8k. It's worse than you think.

>>17920391
Or just liquidate and buy 1 week expire spy puts. Literally taking money from boomers desu.

>>17918254
Eth classic maybe. Staking pos is fucking stupid

>>17920502
That's what I've been doing. I think I might liquidate my BHC. I should have fucking sold it in January but I was hoping it would break $30. I learned my lesson though, unrealized gains ain't real. Plus it'll help me with taxes to have that loss to offset my future gains. PCG is my other albatross but I'm going to DCA more into that since I still think it'll shoot back up at some point when people realize it's not going to get shut down and leave half of California without power.

puts were juicy today.

>>17919416
it was a joke m8

>>17920591
Just liquidate it all, buy leaps on pcg once the dust settles. Literally no reason to hold stocks if you aren't looking to pull fat divvis. Just buy puts on shit unlike cat, uber, tsla, sell when you see profit you can live with, buy reasonable priced calls after days like today when the dead cat is going to bounce.

Fuck Jerome.

>>17920591
I would think to just liquidate. Dca only helps when you are near the bottom. Cash or puts in pretty much the only position that will consistently print rightnow. But you do you. Those call will probably print once jpow finds a spare link cartridge and a fresh 100$ plate.

>>17920697
I think I might be too emotionally invested, or maybe I'm too much of a long term investor to take the easy short term money when it makes sense. I really want oil to turn around and bounce back and then laugh for a few years as my investments gain value. In my head I know it's stupid but my heart wants it bad.

>>17920696
Feelsbadman

>>17918241
srsly with countries going brrrrrrrrrrrrrrr i'm buying so many shitcoins this feels like black friday. OGN WRX XTZ

>>17920502
At what price? Help a brainlet out

>>17920745
I was that way with ftr. You have to realize that capital markets are games with $ representing your position in the game. As much as you really want to believe in plowing ahead with a position, sometimes it's better to retreat, rebuild, then comeback to trade another day.

I'm worried that we're already nearing the bottom when I hear normies wanting to short stuff, dunno if US case peaks and bad earnings will bring the whole market down even more than it is already.

>>17921003
Wait for a bounce, buy 14-20% otm. Sell whenever you have enough profit.
Pro tip, if it tanks the same day you buy it and you want to close but dont want a day trade on your account, most brokers will let you leg in a spread, meaning you sell a further otm option to collect time value and lock in gains, while avoiding losses from price movement and not wasting a round trip on your account.

I'm still down 20% on my remaining stocks, trying to liquidate those that jump into green as soon as I can.

Was considering buying cheapies today but it's not even been a week since flight bans were implemented. There will be more 10% dips coming.